Closed deal

ICON has successfully advised Aria Networks on the completion of a £500K funding round with private investors

25.11.2006

Prophit Share – ICON advises software company Prophit Share on its sale to The Innovation Group Plc

Prophit Share delivers analytical software and services. Its CLeaR software helps insurance companies to spot and remove claims leakage problems and also helps improve the effectiveness of both the internal management system and the entire supply chain servicing the business. The company helps its customers by streamlining processes and reducing costs through technology.

Prophit Share clients include Marks and Spencer Financial Services, Standard Life, Stroud & Swindon Building Society, Vodafone Retail and Zurich Financial Services.

The acquisition by The Innovation Group Plc further strengthens their insurance offering.

Specifications

Name
Prophit Share
Date
2006
Headquarters
United Kingdom
Key people
N/A
Deal type
ICON team